Business
Disney is close to picking parks chief D’Amaro as next CEO
He is now leading a US$60 billion investment in expanding the company’s resorts and nearly doubling its fleet of cruise ships The board of…
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Business
Business
Singapore Airlines to launch direct flights to Riyadh from June
This will be the group’s second destination in Saudi Arabia, complementing Scoot flights to Jeddah Singapore Airlines (SIA) will commence…
Business
Singapore Airlines launching direct flights to Riyadh from June
This will be the group’s second destination in Saudi Arabia, complementing Scoot flights to Jeddah Singapore Airlines (SIA) will commence…
Business
Vietnam's Motorbike Market Posts Fastest Growth in Southeast Asia as Electric Sales Surge
Vietnam's motorbike market expanded by 14.9% last year, the strongest growth rate in Southeast Asia, driven largely by a sharp rise in…
Business
BYD leads Chinese automaker sell-off on weakening sales
The sell-off highlights rising investor concern that China’s carmakers face a prolonged slowdown Shares of BYD sank to their lowest level…
Business
India considering 49% foreign ownership in state-run banks
A is considering allowing foreigners to own as much as 49 per cent stake in its state-run banks as policymakers look to bolster capital at…
Business
BOJ summary suggests emerging urgency around timely rate hikes
A SUMMARY of opinions from the Bank of Japan’s (BOJ’s) January policy meeting indicated a growing awareness of the need to raise interest…
Business
SGX-listed gold-linked counters lose steam on yellow metal’s decade-worst retreat
Market watchers expect volatility in the precious metal to continue in the near term After a sharp correction that saw gold shed as much…
Business
SGX-listed gold-linked counters fall on precious metal’s decade-worst plunge
Market watchers expect volatility in the yellow metal to continue in the near term After a sharp correction that saw gold shed as much as…
Business
Temasek, LIC plan share sales in NSE’s India IPO: source
All shareholders of NSE will be given the option to participate in the secondary sale as part of the IPO Temasek Holdings and Life…
Business
Alibaba to spend three billion yuan for Chinese New Year AI push as chatbot war heats up
The public holiday period this year begins on Feb 15 and is nine days long, longer than in most previous years Alibaba said on Monday (Feb…
Business
India to spend 100 billion rupees to make biopharma production hub
The funding will be directed towards the research and production of biologics and biosimilar medicines India will invest 100 billion…
Business
Metals traders lose at least one billion yuan as ‘Hat’ flees China
Chinese metals markets have seen more than their fair share of scandal in recent years Chinese metals traders have racked up losses…
Business
KKR, Singtel & GIC bid for Temasek-backed STT GDC
Should it go through, the deal would be one of Asia’s largest data-centre transactions Temasek-backed data-centre operator ST Telemedia…
Business
Why KKR, Singtel and GIC want Temasek-backed STT GDC
Should the deal go through, it would be one of Asia’s largest data centre transactions Temasek-backed data centre operator ST Telemedia…
Business
‘Beat estimates’: RHB upgrades CDL Hospitality Trusts to ‘buy’ on improved earnings, bright sector outlook
The bank’s research team is lifting its target price for the trust to S$1.00, up 13.6% from S$0.88 RHB has upgraded its call on CDL…
Business
Indonesian stocks fall after last week’s dramatic shake-up, US$80 billion rout
Indonesian stocks slid on Monday after a tumultuous week during which a warning from MSCI over transparency concerns triggered an US$80…
Business
Indonesian stocks fall 6% after last week’s dramatic shake-up, US$80 billion rout
— Indonesian stocks slid on Monday (Feb 2), weighed down by a sell-off in commodities, after a tumultuous week during which a warning from…
Business
Indonesian stocks fall 5% after last week’s dramatic shake-up, US$80 billion rout
— Indonesian stocks slid on Monday (Feb 2), weighed down by a sell-off in commodities, after a tumultuous week during which a warning from…
Business
Positive takeaways for Singapore Reits from Keppel Reit's dpu dilutive MBFC Tower 3 deal
With demand for office trusts focused in the Republic despite lower yields, more capital should be allocated domestically Investors buy…
Business
CAAS, EDB ink pact with GE Aerospace to co-develop AI and propulsion technologies
GE Aerospace will expand its Singapore presence beyond maintenance, repair and overhaul under a new R&D partnership The Civil Aviation…
Business
Gold falls 1.5% on firm US dollar, silver recovers from over three-week low
Gold extended falls on Monday (Feb 2), pressured by a firm US dollar, as investors gauged US President Donald Trump’s Fed chair pick Kevin…
Business
China AI deals push Hong Kong listings to busiest start of the year
The rapid pace of offerings is a promising sign that the city can build on the recovery last year It has never been this busy at the start…
Business
Australia set for U-turn to rate hike in break from global trend
Australia’s central bank faces the uncomfortable prospect of going against the global grain and switching back to raising interest rates…